Section one: Contracting authority
one.1) Name and addresses
BRUNEL PENSION PARTNERSHIP LIMITED
5th Floor,101 Victoria Street
BRISTOL
BS16PU
Contact
Mark Holness
procurementsubmission.brunel@brunelpp.org
Telephone
+44 7890648266
Country
United Kingdom
Region code
UKK11 - Bristol, City of
Justification for not providing organisation identifier
Not on any register
Internet address(es)
Main address
https://www.brunelpensionpartnership.org/
one.4) Type of the contracting authority
Body governed by public law
one.5) Main activity
Economic and financial affairs
Section two: Object
two.1) Scope of the procurement
two.1.1) Title
Private Markets Front, Middle and Back Office Services
two.1.2) Main CPV code
- 66150000 - Financial markets administration services
two.1.3) Type of contract
Services
two.1.4) Short description
Brunel requires a supplier or suppliers to provide Front, Middle and Back Office services for its private markets assets.
two.1.6) Information about lots
This contract is divided into lots: Yes
two.1.7) Total value of the procurement (excluding VAT)
Value excluding VAT: £4,142,020
two.2) Description
two.2.1) Title
Front Office Investment Toolset
Lot No
1
two.2.2) Additional CPV code(s)
- 66150000 - Financial markets administration services
two.2.3) Place of performance
NUTS codes
- UKK - South West (England)
two.2.4) Description of the procurement
Brunel requires a private markets Front Office Investment Toolset for use by its private markets investment team. The primary purpose is to enable comprehensive portfolio monitoring of Brunel private markets portfolios across a range of asset classes including private equity, private debt, infrastructure, secured income and property.
It is expected that the Front Office Investment Toolset will operate seamlessly with the Middle and Back Office Administration Services (see Lot 2).
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
The contract term is 3 years, with the ability to make a single, two year extension
two.2) Description
two.2.1) Title
Middle and Back Office Administrator
Lot No
2
two.2.2) Additional CPV code(s)
- 66150000 - Financial markets administration services
two.2.3) Place of performance
NUTS codes
- UKK - South West (England)
two.2.4) Description of the procurement
Brunel requires an experienced, proven, private markets administrator to manage its private markets portfolios, comprising multiple asset classes including private equity, private debt, infrastructure, secured income and property.
The administrator must provide a full range of outsourced middle and back-office services supporting portfolio construction and the deal lifecycle. It is expected that the administrator will operate seamlessly with the Front Office Investment Toolset and Brunel's custodian, State Street, noting that custody is out of scope for this services request.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
The contract term is 3 years, with the ability to make a single, two year extension
two.2) Description
two.2.1) Title
Front, Middle and Back Office Services
Lot No
3
two.2.2) Additional CPV code(s)
- 66150000 - Financial markets administration services
two.2.3) Place of performance
NUTS codes
- UKK - South West (England)
two.2.4) Description of the procurement
Lot 3 is a combined bid for Lots 1 and 2 covering the Front Office Investment Toolset and the Middle and Back Office Administration Services . The bid could be made by either a single supplier or by a consortium. In the event of a consortium bid, it is intended that one supplier will act as the principal consortium lead, being responsible for overall delivery of the services but on the basis that certain aspects of the services (i.e., either Lot 1 or Lot 2) outsourced to strategic partners.
two.2.5) Award criteria
Price
two.2.11) Information about options
Options: Yes
Description of options
The contract term is 3 years, with the ability to make a single, two year extension
Section four. Procedure
four.1) Description
four.1.1) Type of procedure
Competitive procedure with negotiation
four.1.8) Information about the Government Procurement Agreement (GPA)
The procurement is covered by the Government Procurement Agreement: No
four.2) Administrative information
four.2.1) Previous publication concerning this procedure
Notice number: 2023/S 000-033274
four.2.9) Information about termination of call for competition in the form of a prior information notice
The contracting authority will not award any further contracts based on the above prior information notice
Section five. Award of contract
A contract/lot is awarded: Yes
five.2) Award of contract
five.2.1) Date of conclusion of the contract
8 October 2024
five.2.2) Information about tenders
Number of tenders received: 8
The contract has been awarded to a group of economic operators: No
five.2.3) Name and address of the contractor
AssetMetrix GmbH
Theresienhöhe 13
Munich
D-80339
Country
Germany
NUTS code
- DE - Germany
Justification for not providing organisation identifier
Not on any register
The contractor is an SME
Yes
five.2.4) Information on value of contract/lot (excluding VAT)
Total value of the contract/lot: £4,142,020
Section six. Complementary information
six.4) Procedures for review
six.4.1) Review body
Brunel Pension Partnership Limited
Bristol
Country
United Kingdom